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this hillary clinton nutcracker and bill clinton corkscrew set? and once they have had their fill of wine and nuts they can cook up plenty of manly meat on this barbecue grill is definitely killing two birds with one stone. finally your
this hillary clinton nutcracker and bill clinton corkscrew set? and once they have had their fill of wine and nuts they can cook up plenty of manly meat on this barbecue grill is definitely killing two birds with one stone. finally your
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tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. same tax rates. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich, appreciate it. eric, thanks. let us know what you think. follow me on twitter. @andersoncooper. i'm tweeting tonight. >>> just ahead, 21 months after bashir al assad began killing his own people, the fighting is raging in syria. the rest of the world may finally be convinced things are critical there. senator john mccain is asking what took so long. we'll tell you about what just changed. more from
tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. same tax rates. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again...
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and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the temperature was a balmy 60 degrees this afternoon in new york just outside cnn's studios. the average high temperature in december is normally 43. a warm front has flooded the lower 48 states. quite extraordinary but is it evidence of man-made global warming? that's tonight's battleground america. joining me now, bill nye the science guy and mark morano, the publisher of climate depo.com. welcome to you both. let me start with you, mark, if i may. you are implacably opposed to the concept of man-made climate change. why? >> we followed the evidence. there are quite literally hundreds of fact
and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the...
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the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the state department, cantor makes a smart observation. she is a big constraint. the more serious she is about 2016 the less she can do. no frank, seen it all memoir, no clients, commissions that could prove problematic in the 2016 primaries or the general. instead cantor reports that secretary clinton is considering writing an upbeat look at her time as secretary of state. not a painful examination of her failed 2008 bid as she once proposed. likely to be quoted in a handful of clinton aides willing to go on the record with "the times" even when asked questions
the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the...
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new york city mayor bloomberg called hillary clinton and said you should be my successor as mayor. how do you think that conversation went? i think being a mayor of new york city gives you an opportunity to imagine things that are possible but not in real life. i can imagine how hillary clinton would be enticed to take on that smaller stage after her staging as the nation and the world for the last decade. >> jim, i wonder if she was flattered by it or thought to herself, i'm on the world stage here. why would i go and become mayor of new york city? >> i mean, everything i've read about sect clinton suggests that she's looking forward to a break at the end of this year. i don't think running for mayor is very conducive to that. it's not my idea of a relaxing time but i may be wrong. >> people are joking that mayor bloomberg looks tired. it's a big job. but the one thing she's been consistent about, she needs to sleep a little. great to see you. jim, thank you as well. >>> meantime, the u.s. navy is denying iran's claim that it has captured an unmanned drone. they say that none are
new york city mayor bloomberg called hillary clinton and said you should be my successor as mayor. how do you think that conversation went? i think being a mayor of new york city gives you an opportunity to imagine things that are possible but not in real life. i can imagine how hillary clinton would be enticed to take on that smaller stage after her staging as the nation and the world for the last decade. >> jim, i wonder if she was flattered by it or thought to herself, i'm on the world...
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the president of the united states, bill clinton, said gee, they're actually serious. we negotiated the first four balanced budgets in your lifetime, the only four. we negotiated welfare reform. he vetoed it twice. we kept passing it. i'm not suggesting that we have to go to that level but they should be prepared to. if they don't have respect for themselves, if they're not prepared to use the tools of the house, the first of which is appropriations, then the republicans announce tomorrow morning the president doesn't want to negotiate, he's not going to have a domestic government on october 1st. >> why don't they just pass some bills? >> sean: i said the last time and i conceded to you and your vast experience. i said pass a bill and you said no. pass a series of bills, send them over to the senate and to the president and let them deal with it. >> and by the way, find a bunch of democratic billings that are pretty good. there's a warner bill on developing offshore oil and gas for virginia from two democratic senators. i can't figure out why the house republicans for
the president of the united states, bill clinton, said gee, they're actually serious. we negotiated the first four balanced budgets in your lifetime, the only four. we negotiated welfare reform. he vetoed it twice. we kept passing it. i'm not suggesting that we have to go to that level but they should be prepared to. if they don't have respect for themselves, if they're not prepared to use the tools of the house, the first of which is appropriations, then the republicans announce tomorrow...
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so washington, for example, in the second clinton campaign needs advice, calls the council on war and there are two people who are not a part of his military. their local farmers and i was the longest serving teacher and the military, 23 years, talking about the art of the war and i was would always tell the generals and the admirals' we had these people in the room there were farmers that actually knew the neighbor and they were the only to people in the room that knew that there was a sunken road south of clinton and you could go from trenton to princeton and the british army but not see you. they were not there for social reasons, they represented the only to people that knew what they were doing. and so, you have something that you see almost none of today, and that is a person that is prepared to reach out to the person that knows. i spend years, literally years trying to convince the government on the republican and the democratic party that we had between 70 to $110 billion. my sources were very straightforward, american express, visa or mastercard. if you have in medicare and
so washington, for example, in the second clinton campaign needs advice, calls the council on war and there are two people who are not a part of his military. their local farmers and i was the longest serving teacher and the military, 23 years, talking about the art of the war and i was would always tell the generals and the admirals' we had these people in the room there were farmers that actually knew the neighbor and they were the only to people in the room that knew that there was a sunken...
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my first choice is hillary clinton. i think she's the front-runner amongst the colleagues i've talked to. dozens of my colleagues since the election. she's a front-runner. i think you give her about six months. >> jennifer: that's exactly what i said today. six months. then we start -- although yesterday when she was writing the note to the losers in new york, i was saying that, to me, is a great sign she is, in fact, on the path to running. >> well, bill clinton was the most valuable player out there. >> jennifer: absolutely. >> for the obama/biden campaign other than the two principles on the ticket. of course, every governor, every senator, every member of congress who was elected is also a super delegate who will choose the next president. >> jennifer: i don't see how the force -- the force the inexorable pull of this from those who support her and those who love her is just going to be too great. she needs to go to a spa. she needs to take a relaxing -- take a break. do the exercises. what she wants to do. but six
my first choice is hillary clinton. i think she's the front-runner amongst the colleagues i've talked to. dozens of my colleagues since the election. she's a front-runner. i think you give her about six months. >> jennifer: that's exactly what i said today. six months. then we start -- although yesterday when she was writing the note to the losers in new york, i was saying that, to me, is a great sign she is, in fact, on the path to running. >> well, bill clinton was the most...
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i mean,if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much more than mitt romney. we didn't blow it because of mitt romney. we blew it because of a party which has refused to engage the reality of american life and refused to take -- to think through what the average american needs for a better future. >> but recall what you said about 1964. in december 1964, lyndon johnson was re-elected. goldwater was finished. it was the end of the republican party. and at the end, the republicans nominated a man named richard nixon. and he became president. unthinkable. >> so you can have a tcampaign between hillary clinton and jeb bush, representing 36 years of bushes on n
i mean,if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much...
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if their competitor in 16 is going to be hillary clinton supported by bill clinton and presumably a still-popular president barack obama, trying to winl that will be truly the super bowl. and the republican party today is incapable of competing at that level. >> dana? >> newt gingrich's crystal ball has had some difficulties before because he predicted that this year we would have president newt gingrich, which didn'texac pated. he makes a valid point about hillary. it's not that surprising. but also, and i think we've discussed this before, it seemed very likely that the party that won in 2012 would be in a formidable position in 2016 because of where the economy is likely to be because of where it was in 2012. so the incumbent party, the democrats in this case, are going to be in a very strong position. and if hillary is the nominee, obviously, she's going to be the beneficiary of that. >> i just love a world where after being bill clinton's presidency, now gingrich is one of the great clinton champions, along with much of the republican party. it has been fast nating to see the republicans emb
if their competitor in 16 is going to be hillary clinton supported by bill clinton and presumably a still-popular president barack obama, trying to winl that will be truly the super bowl. and the republican party today is incapable of competing at that level. >> dana? >> newt gingrich's crystal ball has had some difficulties before because he predicted that this year we would have president newt gingrich, which didn'texac pated. he makes a valid point about hillary. it's not that...
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and hillary clinton, as well as the white house, have called for the egyptians to engage in a broader dialogue because the stakes with egypt as one quarter of the arab population couldn't be greater. >> so you don't expect anything different than what we've heard from hillary clinton at this point? >> no, but if the tensions play out in a tougher way on the streets, i think the administration will be under pressure to do something or say something more publicly about what's happening. >> there are new developments in syria, robin opinion u. irobin. there are reports that syria is prepared to use chemical weapons. hillary clinton speak about it in brussels yesterday. >> we sent an unmistakable message we that an would cross a red line and those responsible would be held to account. we intend to make that view as clear as we possibly can be. >> how likely is is it that assad will give that order? >> the government was forced to close the airport because of fighting near, it took down the entire internet. his country is no longer just beleaguered, it is besieged. he can last a while long
and hillary clinton, as well as the white house, have called for the egyptians to engage in a broader dialogue because the stakes with egypt as one quarter of the arab population couldn't be greater. >> so you don't expect anything different than what we've heard from hillary clinton at this point? >> no, but if the tensions play out in a tougher way on the streets, i think the administration will be under pressure to do something or say something more publicly about what's...
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the hillary clinton for press pass. perhaps they could reissue these if she decides to run again in 2016. >> she was the favorite then, she lost out to a relative i unknown junior senator from illinois. we'll see what happens the next time around. >> if she runs. >> that shows you how unpredictable these things could be. even though she would be the favorite. you never know what might happen. >> i think if she writes a book, does a few speeches, enjoys herself a little bit, i think she will say i'd like to be the first woman president. >>> security is being tightened at the hospital where katherine is being treated for acute morning sickness after her privacy was invaded by a prank call from australia. i'm joined now by cnn's royal correspondent max foster. >> it's extraordinary. it's very simple. a couple radio presenters from australia, jokers on a comedy show, rang up the hospital, pretended to be the queen and prince charles and asked to be put through to the ward. just have a listen to the accents here, they're not
the hillary clinton for press pass. perhaps they could reissue these if she decides to run again in 2016. >> she was the favorite then, she lost out to a relative i unknown junior senator from illinois. we'll see what happens the next time around. >> if she runs. >> that shows you how unpredictable these things could be. even though she would be the favorite. you never know what might happen. >> i think if she writes a book, does a few speeches, enjoys herself a little...
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same as bill clinton did with newt gingrich. get in the room and make the changes that are needed. >> the president wants to solve the problem. it's what he said in the campaign. it's what he's saying now. we cannot lurch from one crisis to the other. think of all the times tea party republicans and speaker boehner threatened to shut down the government over the debt ceiling. listen, if we are going to have this certainty for businesses to invest and know new jobs are being created we have to get this behind us. >> joining me now, dana millbank and kristina. it's great to have you both here. bob corker said the idea of raising taxes on the top 2% has merit. the question is how much merit it has with speaker boehner and the republican party. where disease it stand? >> we have been hearing more and more encouraging noises. the republicans have taken steps in that right direction. i wouldn't get too mesmerized. there's incentive for them not to strike a deal at least until the last deal. i think you can count on them to do the righ
same as bill clinton did with newt gingrich. get in the room and make the changes that are needed. >> the president wants to solve the problem. it's what he said in the campaign. it's what he's saying now. we cannot lurch from one crisis to the other. think of all the times tea party republicans and speaker boehner threatened to shut down the government over the debt ceiling. listen, if we are going to have this certainty for businesses to invest and know new jobs are being created we...
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take a listen. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into the super bowl. i tend to agree. i think a the lot of people i've spoken to inside the administration as well as just kind of political wonks like us, we all think that hillary is going to run and she's going to be an incredible candidate to try to defeat. with that being said, 2016 is a long ways away. we need to get through 2014. we need to get through the fiscal cliff first. i think we're getting ahead of ourselves by saying she's unbeatable, but she's certainly formidable if she decides to run. >> point out that hillary clinton at every step says she's not running. we'll go ahead and talk about it anyway. will,
take a listen. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into...
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clinton era 39.6%. do you think the democrats and republicans will agree to go down the middle there with about a 37% tax rate on the top 2%? >> alex, the fact is they've been talking about these issues for more than a year since those grand bargain talks between speaker boehner and president obama in 2011. and we know the shape of a likely deal. it would be exactly that. about a 37% tax rate hike for top earners in this country. we know that secretary geithner and president obama have spoken of being open to that idea. and john boehner did himself yesterday, although after he did so in a question and answer period with reporters he then put out a statement saying he wasn't really meaning to open that door. but we know the parameters of a deal. it likely will include some kind of tax rate hike, although not to clinton levels for top earners, and some savings in medicare and medicaid. i think that is the likely shape of the likely deal. >> meredith, louisiana's gop governor bobby jindal wrote an op ed th
clinton era 39.6%. do you think the democrats and republicans will agree to go down the middle there with about a 37% tax rate on the top 2%? >> alex, the fact is they've been talking about these issues for more than a year since those grand bargain talks between speaker boehner and president obama in 2011. and we know the shape of a likely deal. it would be exactly that. about a 37% tax rate hike for top earners in this country. we know that secretary geithner and president obama have...
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that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i wouldn't vote for a deal to raise taxes in a million years. unless there were significant real substantial spending cuts on the other side. so -- >> don't cave. compromise. as you said. >> don't cave, compromise. >> congressmen kris van hollen and tom cole. >> we appreciate it. >> good luck. i hope you get it done. you're going to get it done. david gregory, thank you as well. >> thank you, david. >> you bet. >>> coming up, senator claire mccaskill will be here, my favorite senator. >> the luckiest senator, in fact, this past year. >> oh, cokie rober
that's how it worked in the clinton years. that's how every deal we've gotten with the president has worked. that's how this deal will work. >> you're not going to get a majority of the majority unless there's significant cuts. the president needs to understand john boehner is the best -- the best negotiating partner he's going to ever have. and he's got to also understand conservatives, you know, i've been talking about republicans improving their brand, being more cooperative. i...
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. >> the likely short list to succeed secretary of state hillary clinton is politically charged. susan rice is thought to be a leading contenders, but some republicans were highly critical of rice following the aattack on the u.s. consulate in libya. >> when they go after the u.n. ambassador because they think she's an easy target, then they have a problem with me. >> senator mccain. >> thank you very much, mr. secretary. >> senator john mccain jockingly gave the cabinet post nod to democrat john kerry. >> i think jeong kerry would be an excellent appointment and would be easily confirmed by his colleagues. >> kerry is also listed as a potential defense secretary to replace leon panetta. it's a list that includes michelle fornoy with the number three job at the pentagon. ashton carter is on the list and former nebraska senator chuck hagel on a republican could represent a reach across the aisle. >> we're in a much stronger position today as a country than we were in '07. >> treasury secretary tim geithner has said he will stay at his post until at least inauguration. his chief of
. >> the likely short list to succeed secretary of state hillary clinton is politically charged. susan rice is thought to be a leading contenders, but some republicans were highly critical of rice following the aattack on the u.s. consulate in libya. >> when they go after the u.n. ambassador because they think she's an easy target, then they have a problem with me. >> senator mccain. >> thank you very much, mr. secretary. >> senator john mccain jockingly gave the...
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among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> that's not a no. here is the treasury secretary timothy geithner. >> there's no agreement that doesn't involve the rates going up on the top 2%. >> not necessarily going up to the clinton era rates. just going up. today at a press conference at the cap
among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are...
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secretary clinton says the russians have refused to give him asylum. other countries have offered but so far he is not negotiating his exit. assad has vowed to fight to the death. >> pelley: margaret, thank you. when the syrian people first rose up it looked like a mismatch. they had rifles against one of the largest armies in the region. syrian towns have been turned into rubble, and the rebels are in the suburbs of the capital damascus now. it is rare for reporters to reach the war zone, but elizabeth palmer managed to get to the dictatorship's main military hospital to look at the damage being inflicted on assad's army. >> reporter: the tishereen it hospital morgue in northern damascus now receives between 20 and 50 bodies every day. most of them are soldiers. though some civilians do end up here, too. the man in the coffin is adnan said a civil servant who was 30 years old. outside, his mother and brother have just learned that he was killed by a sniper on his way to work. in the hospital's intensive care unit the men can't speak, but their injurie
secretary clinton says the russians have refused to give him asylum. other countries have offered but so far he is not negotiating his exit. assad has vowed to fight to the death. >> pelley: margaret, thank you. when the syrian people first rose up it looked like a mismatch. they had rifles against one of the largest armies in the region. syrian towns have been turned into rubble, and the rebels are in the suburbs of the capital damascus now. it is rare for reporters to reach the war...
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does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition to. the problem with having that debate now suggests that that is all we have to do is find that a hundred dollars billion, and we are done. -- find that $8 billion dollars and we are done. we get it from spending cuts shia we believe there needs to be revenue coming in. there have to be investments for economic competitiveness and economic growth. this is not just rhetoric. it is how we do tax policy. which is how we make investments and how we deal with those families in the video worried about debt and higher education and retirement. >> on the tax side, as part of the adults of a sol
does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition...
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i mean, if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president, barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. >> wow, how about that? newt gingrich says the republican party is incapable of defeating hillary clinton. >> it's a little early. >> it's a little early. he says right now the party is incapable. spl >> we've got four years. >> take us through your 2016 favorables. this is a new poll you guys have out. >> what speaker gingrich said there reflects what you're hearing a lot of republicans say in washington. they don't use quite the fatalistic terms that the speaker did, quite newtonian terms, but there's a widespread view among republicans that even though this should be their year, you have a 50/50 country and one party's had the white house twice in a row, you would think they'd be due, but they believe that secretary clinton would be a prohibitive favorite to get the nomination and then a prohibitive favorite to
i mean, if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president, barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. >> wow, how about that? newt gingrich says the republican party is incapable of defeating hillary clinton. >> it's a little early. >> it's a little early. he says right now the party is incapable. spl...
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>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have the very bad who we have today. it is, unfortunately, we are never going to bring the economy back unless we get control of the spending and get toward the low rate flat tax. can you not do it. >>neil: i don't think either side has offered enough on spending. i think it is baked into the cake it is the result of election and elections have consequences. but on the wealthy i think the rates go up but with the latest proposal, why see enough to adhere to what was the debt commission in cuts, is too little too late, but, too little, more to the point. >>guest: it is too little
>>neil: but we know it is not returning to the clinton tax rates. as you pointed out between the sur taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have...
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Dec 6, 2012
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a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high-income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out
a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a...
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Dec 6, 2012
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that is what bill clinton is saying. he told an audience in sacramento that all the warnings of bloom and doom are political theater. quote now, the american people people are going to be sick when they watch it. it's just a kabuki dance, two dogs meating each other over a piece of meat they are sniffing each other out, end quote. always colorful. is that what is going on? >> reporter: there's been a lot of sniffing here in washington. i don't know if they like what they are spelling down here on either side on the deal. yeah, people have been describing it like that, some people said it's like a scorpian dance, you know, they are kind of stalking each other and waiting to get in that room and make the deal. erskine bowles said something similar that, both sides can't really talk about what it's going to be, because they would get pummeled by the base if either side really knew what they are going to in the end agree to. that is the hopeful optimistic side that a deal will be reached. there is another side that says, thi
that is what bill clinton is saying. he told an audience in sacramento that all the warnings of bloom and doom are political theater. quote now, the american people people are going to be sick when they watch it. it's just a kabuki dance, two dogs meating each other over a piece of meat they are sniffing each other out, end quote. always colorful. is that what is going on? >> reporter: there's been a lot of sniffing here in washington. i don't know if they like what they are spelling down...
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Dec 7, 2012
12/12
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hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues that are on the front pages now. i think the president needs to get his person in as soon as possible. >> well, my sense is that secretary clinton weighing in perhaps suggests that the nomination is coming soon. i've talked to people on all sides of this. there's no question that benghazi continues to be litigated. even on the democratic side, there is some division on this. i've talked to democratic senators who have questioned whether she has the standing, the stature, to be secretary of state. so obviously there's some division about how people view susan rice. but here's the bottom line
hillary clinton finally came out and gave a strong endorsement to susan rice. some people, including maureen dowd, would suggest maybe that took a little longer than was necessary. >> it was striking. it was striking how long it took. and it didn't go unnoticed, obviously. >> she's traveling. >> you see john kerry being embraced by republicans. i think a lot of democrats would also like him to be the next secretary of state. where are we in that fight? we have so many issues...
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Dec 10, 2012
12/12
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CURRENT
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they would be incapable of competing against hillary clinton if she decided to run in 2016. he said that on nbc's meet the press yesterday and that would be like trying to inwith the super bowl. he said if clinton decides to run, he is sure she would get the nomination although he joked that's the same thing he thought in 2008. the national minorah is lit. last night on the second day of hanukkah, south of the white house. rabbi shantob has kicked off that lighting for more than 20 years. we will have more bill press coming up for you after the break. as always, we are live in our chat room and would love to see you there. join us there at current.com/bill current.com/bill pass. we will see you on the other side of the break. [ music ] you're about to watch an ad viewer for capella university. matter. >> i work with adults with developmental disabilities. growing up i had a single mother of four and people in the community were so helpful when they didn't even have much themselves. seeing people and their hardships made me want to make a difference in people's lives to give
they would be incapable of competing against hillary clinton if she decided to run in 2016. he said that on nbc's meet the press yesterday and that would be like trying to inwith the super bowl. he said if clinton decides to run, he is sure she would get the nomination although he joked that's the same thing he thought in 2008. the national minorah is lit. last night on the second day of hanukkah, south of the white house. rabbi shantob has kicked off that lighting for more than 20 years. we...